Quotes About Efficiency

We need to privatize whenever possible.

If you are being held back by some unnecessary government rule or process, we will provide an easy way for you to let us know. And whenever we can take action, we will do so quickly.

I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

Control your expenses better than your competition. This is where you can always find the competitive advantage.

Automation is good, so long as you know exactly where to put the machine.

There can be economy only where there is efficiency.

We can build a much brighter future where humans are relieved of menial work using AI capabilities.

The lens of contract focuses predominantly on gains from trade whereas orthodoxy is focused on resource allocation.

On 'Awake,' we would take a couple hours per scene. Whereas on 'Anger Management,' we can take maybe 10 minutes on a scene if we're lucky.

Whereas economic man maximises, selects the best alternative from among all those available to him, his cousin, administrative man, satisfices, looks for a course of action that is satisfactory or 'good enough'.

In daytime, they're doing 50-60 pages a day, whereas nighttime, you do seven or eight.

When I was a teacher, teachers would come into my classroom and admire my desk on which lay nothing whatever, whereas theirs were heaped with papers and books.

Whereas Jimmy Carter had aggressively pursued anti-merger activity - the imbecilic case against AT&T was prosecuted under President Carter - Mr. Reagan understood the virtue of allowing companies to exploit the synergies of mergers to gain efficiency and lower costs.

On a normal day, I crawl out of bed before 8 A.M., have a protein shake, chuck my gym kit on, and go for a class or personal-training session. When I'm back, I'll have poached eggs with salmon or spinach for breakfast before my stylists arrive to do my hair - which takes ages. I then go wherever I am needed.

Our European neighbours in France have invested in their infrastructure early and are now reaping the rewards later. This is because wherever high-speed rail has been built between the major cities and economic centres of a country - as in HS2 - it has exceeded demand forecasts.

When the tax law changes and people are allowed to choose where their hard earned money goes, then do-gooders can opt to have their money go wherever they see fit. I would rather keep mine and invest and donate with greater efficiency.

The notions of going to work, putting in set hours, and getting 'face time' are increasingly antiquated ideas. Because of technology we have entered a modern era of work where we can work from wherever we want, whenever we want and we can be more productive and make greater contributions than ever before.

Wherever I can get a fast track, I'll try to because I can't stand the airport experience. If you can afford priority boarding, then do it. Nobody wants an unpleasant experience before it starts.

If you want to be more productive, then start at the start: get there on time. Whether it is a meeting, a flight, an appointment or a date, it's important to ensure you are there when you say you will be there. This may feel like an old-fashioned tip to give, but it has served me well for five decades in business.

Whether it's with my engineers in the team, my home life, or my friends, I don't like things to get complicated - and one good example would be the steering wheel in my Mercedes Formula 1 car.

Since, however, it is immaterial whether the work is done by assistants or a machine, I decided to build a machine equivalent to an array of about 200 separating funnels.

Better a little which is well done, than a great deal imperfectly.

Obviously, the highest type of efficiency is that which can utilize existing material to the best advantage.

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.